Wow and this guy runs an MMA Organization...
Jay Larkin surveys the inaction with a weary, seen-it-all expression. "This isn't my idea of fighting," he says of the world's fastest-growing spectator sport. "To me, two guys rolling around on the floor is tedious, like watching gay foreplay."
That's not the sort of assessment you'd expect from the I.F.L.'s chief executive, but Larkin, who ran Showtime's boxing division for 25 years, is nothing if not brutally honest. He'll have to be brutal to keep his publicly traded startup—which has plowed through more than $30 million in the last year and a half—from going down for the count.
On Tuesday, Larkin announced the cancellation of the league's August 15 event at the Izod Center in East Rutherford, New Jersey. Bereft of fans, funds, sponsors, and marketable personalities, the fight promotion seems to be rapidly imploding. "Trying to revive this company is like doing open-heart surgery," concedes Larkin. "We're going to stick around as long as we possibly can."Link